Posts Tagged ‘BITC’

If you are mining Merit (Cuckoo Cycle Edgebit 26), Bitcash (Cuckoo Cycle Edgebit 27) or SUQA (X22i) on AMD or Nvidia GPUs you might want to check the just released update for the zjazz CUDA and OpenCL 1.2 closed source miner and start using it or just upgrade if using older version. Both the AMD and the Nvidia versions (separate downloads) of the zjazz 1.2 miner come with stratum connection stability improved (should help efficiency on all supported algorithms), but AMD users also get some optimizations added to X22i algorithm or with other words some additional performance increase should be noticeable.

The Cuckoo Cycle algorithm used by MRT and BITC is CPU intensive and the zjazz miner provides multiple options to reduce the CPU load if you are mining on a GPU mining rig with a slower processor that is having trouble coping up, so make sure you check these out. Do note that the zjazz miner is a closed source software available as binary releases for both Windows and Linux and comes with a built-in development fee of 2%.

There is a new update of the zjazz CUDA Miner 0.97 for the Cuckoo Cycle algorithm that is being used by the Merit (MRT) and BitCash (BITC) projects. The new version comes with a number of improvements in functionality improvements, including support for BitCash mining on 3GB Nvdia GPUs (Merit was already supported on these), basic ccminer-like API support, list of failover pools is now supported and more to make mining better and problem free experience. You can find the full changelog of the new release below.

zjazz CUDA Miner 0.97 Changelog:

- Bitcash 3Gb GPUs support on Windows
- Linux CUDA 9.1 and CUDA 9.2 binaries
- First API version: ccminer-like. summary, pool, gpus and quit functions available. -b/--api-bind
- List of failover pools added. Use multiple times -o (--url)
- GPU timeout feature added: Application quits if new blocks from stratum are received and GPUs are not mining. Timeout value can be set with --gpu-timeout
- Improved stats, show hashrate detailed per GPU with --hashrate-per-gpu
- Bugfix for the --cuckoo-intensity 18 issue
- Added some debug info messages. --debug-info to enable them
- User friendly GPU memory errors presentation
- Set the number of threads per device --device-gpu-threads
- Hashrate reliable % message added
- Per line ok/ko state message added
- Force GPU processing to stop when connection with stratum server is lost
- Time to wait before reconnecting configurable: -R/--retry-pause parameter added

The Cuckoo Cycle algorithm is CPU intensive and the zjazz CUDA miner provides multiple options to reduce the CPU load if you are mining on a GPU mining rig with a slower processor that is having trouble coping up, so make sure you check these out. Do note that the zjazz CUDA Miner is a closed source software available as binary releases for both Windows and Linux and comes with a built-in development fee of 2%.

BitCash (BITC) is a new crypto project being described as a solution that combines the power of blockchain with the features of banking to create the world’s most usable cryptocurrency and one that is easy to be used by regular people. It combines the advantages of cryptocurrency (speed, privacy, decentralization, low fees) with traditional fiat banking systems (transaction records, account names, electronic statements, accounting software integration), making BitCash an interesting project to keep an eye on. Since you can also mine BITC, if you are looking for new interesting coins to mine that are new and still under the radar. then BitCash is once more interesting find. BitCash (BITC) uses the same proof of work mining algorithm as Merit (MRT) that we have recently talked about, however the Cuckoo cycle algorithm in BitCash is using an Edgebit value of 27 and not 26 like for Merit. As a result you need a specific miner for BitCash (BITC) and get lower hashrate due to the difference in parameters and the official Merit miner will not work, though there is a third-parity miner already available that supports both coins, but more for that in a minute.

Although BitCash (BITC) uses the same mining algorithm as Merit (MRT), the general idea and the implementation of the project is quite different, so it is not just a simple fork. BitCash has a maximum coin supply of 100,000,000 BITC, the block time is 1 minute and block reward is 21.5 BITC in total, however there is a 9.7% premine and an ongoing 10% from the block reward going to the developers, so the actual block reward that goes to miners is 19.35 BITC per block. There is no proof of stake or growth score, so the coin can be pretty much only mined and traded, though there is no official or third-parity exchange supporting it for the moment (the project is still just a couple of days old and ecosystem development is still going on). If you are interested in buying or selling some BITC coins you can currently do so on the official Discord channel of the project.

If you have already mined Merit (MRT), then you will be familiar with the official miner for BitCash (BITC). It is essentially the same software with a slight modifications and it works only on Nvidia GPUs as there is currently no Cuckoo cycle miner for AMD GPUs available, you need to use this miner (or another compatible one) in order to mine BitCash. The bitcash-minerd will produce a bout half the hashrate that the merit-minerd manages to get you due to the different Edgebit parameter, so do not be alarmed when you see lower hashrate, it is normal. The miner is CPU dependent, so on mining rigs with slower processors the hashrate will be lower than on rigs with faster processors and there could be some stability issues as well, so you might want to stick to the example batch (BAT) file to run the miner just like you would with the official Merit miner (for 6 GPU mining rigs):

You can download the official bitcash-minerd.exe miner for Windows here, there is a version available for Linux in the form of Ubuntu 18.04 and Ubuntu 16.04. Do note that the miner requires an Nvidia GPU with at least 4GB of video memory and you need up to date video drivers installed with support for the latest CUDA versions.

Here is a list of the currently available mining pools for BitCash and it is best if you mine on one of them, as solo mining even with GPU may soon be pointless, like CPU mining already is:

Today zjazz has released an update to his zjazz cuda miner for the Cuckoo cycle algorithm adding support for BitCash (BITC) along the already available Merit (MRT) support in the software. It is a closed source miner available with binaries for both Windows and Linux that offers more options to try and tweak performance on mining rigs with both slower or faster CPUs, though this comes at a cost of 2% developer fee. Do note that the miner is still an early version and work in progress and may have some issues, though it does seem to handle better than the official miner on systems with slower processors stability wise.

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